11% cap rate: Profitable year-round resort and marine business on 8.36 acres of land |
Variety of lodging accommodations and amenities nestled in the heart of the natural beauty of the Upper Peninsula of Michigan |
Well-known restaurant and lounge onsite with banquet/meeting facilities accommodating up to 250 people |
Two protected harbors and a full-service marina with gas and boat rentals, featuring 1,180 feet of shoreline along Lake Gogebic |
The sale also includes a marine and storage business. Additionally available, but not included in the sale price, are 35 acres of development land |
Located on Lake Gogebic, recognized as a major fishery with over 38 miles of beautiful shoreline |